Virgin Galactic Holdings Inc - Class A Shares Close the Week 22.1% Lower - Weekly Wrap
The company saw its shares close the week 22.1% lower than last week, with trading volume higher than its 30 day average.
May 13, 2022 by Kwhen Finance Editors
Virgin Galactic Holdings Inc - Class A (SPCE) shares closed this week 22.1% lower than it did at the end of last week. The stock is currently down 56.4% year-to-date, down 63.7% over the past 12 months, and down 42.2% over the past five years. This week, the Dow Jones Industrial Average fell 3.8%, and the S&P 500 fell 5.2%.
Trading Activity
- Shares traded as high as $6.69 and as low as $5.14 this week.
- Shares closed 88.6% below its 52-week high and 27.2% above its 52-week low.
- Trading volume this week was 16.9% higher than the 10-day average and 54.7% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 2.3.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was between 30 and 70.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
- The stock closed at 10.2% higher than its 5-day moving average, 12.5% lower than its 20-day moving average, and 25.9% lower than its 90-day moving average.
Fundamentals & Catalysts
- Over the past 12 months the company generated $-265,503,000 in earnings before interest and taxes from $238,000 in revenue. It currently holds $665 million in cash and $115 million in debt.
- Its forward price-to-earnings (P/E) ratio of 0 is higher than its current P/E ratio of -2.34, implying that analysts are expecting a decrease in earnings.
- The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.06. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
- The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 1.53 which means it currently has $1.53 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
- The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 13.23. This means that the stock is trading at a premium of 13 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
- The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 29303.95.
- The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 26510.12.
P/E
-2.34
EBITDA
$-265,503,000
P/Book
13.23
Mkt Cap
$1B
P/Sales
29303.95
Revenue
$238,000
EPS (TTM)
-2.94
PEG Ratio
0.06
EV/Revenue
26510.12
Total Cash
$665M
Debt/Equity
1.53
Forward P/E
0.00
Current Debt
$115M
Gross Profit
$65,000
Dividend Date
-
Earnings Date
2022-08-04
Profit Margin
-2709.61
Revenue/Share
0.00
Total Revenue
$238,000
Enterprise Val
$6B
Put/Call Ratio
0.65
Revenue/Employee
0.00
Market Comparative Performance
- The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis
- The company share price lags the performance of its peers in the Information Technology industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Virgin Galactic Holdings Inc - Class A | 12.0 | -56.4 | -63.7 | -89.3 | 19.5 |
| Dow Jones Industrial Average | 1.4 | -12.1 | -3.8 | -12.9 | 2.5 |
| S&P 500 Index | 2.4 | -17.1 | -2.0 | -17.1 | 3.0 |
| Information Technology | 3.8 | -27.3 | -3.4 | -28.2 | 3.9 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by 11.0%
- The company's stock price performance over the past 12 months beats the peer average by -2.4%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Virgin Galactic Holdings Inc - Class A | SPCE | -2.3 | -56.4 | -63.7 | -89.3 | 19.5 |
| Peer Avg | N/A | -0.6 | -50.8 | -65.3 | -81.4 | 15.5 |
| Rocket Lab USA Inc | RKLB | 0 | -57.7 | -50.2 | -74.9 | 8.3 |
| Virgin Galactic Holdings Inc - Class A | SPCE | -2.3 | -56.4 | -63.7 | -89.3 | 19.5 |
| Redwire Corporation | RDW | 0 | -45.2 | -69.8 | -77.5 | 4.7 |
| Momentus Inc - Class A | MNTS | 0 | -43.8 | -77.3 | -83.7 | 29.7 |
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.
Was this content valuable for you?
Tags: